Assume an Australian FI Has US$100 000 in Assets and US$200

question 44

Multiple Choice

Assume an Australian FI has US$100 000 in assets and US$200 000 in liabilities. Further, the FI has bought US$40 000 and sold US$20 000. What is the net FX bought position of the Australian FI?

• A) -US$20 000
• B) US$20 000
• C) US$80 000
• D) US$100 000

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